NOT LISTED FOR SALE

1160 E Main St Carbondale, IL 62901

Estimated Value: $259,008

-- Bed
-- Bath
-- Sq Ft
1.11 Acres

Last Sold May 30, 2018

Last sale price $450,000

Est. 42% decrease in value since last sale

Current estimated payment $1,629/month

136 Days on Market

About This Home

As of May 2018

PRIME LOCATION! Located in the major shopping area of southern Illinois, across from University Mall and adjacent to the largest Ford dealership, this property is well suited for any use. The traffic count is over 28,000/day giving you fantastic exposure.Disclosure: Being sold AS IS. Year built is approximate. Measurements are approximate from county tax map.

Last Agent to Sell the Property

Rolf Schilling

RE/MAX Realty Professionals Listed on: 12/04/2017

Last Buyer's Agent

Linda Ruehmkorff

COLDWELL BANKER J. DAVID THOMPSON License #475125241

COLDWELL BANKER J. DAVID THOMPSON

Property Details

Property Type

  • Other

Year Built

  • Built in 1984

Lot Details

  • 1.11

Utilities

  • Central Air
  • Heating System Uses Gas

Property Details

Property Type

Other

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Investment
  • Year Built: 1984
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete
  • Half Basement: No Basement
  • Total Sq Ft: 5037

Exterior Features

  • Exterior Finish: Wood Siding
  • Roof Construction: Asphalt/Fiberglass
  • Construction: Framed On Site
  • Foundation: Slab

Garage/Parking

  • Numberparking Spaces Allocated: 87

Utilities

  • Electric Company: Ameren
  • Cooling: Central Air
  • Heating: Gas
  • Water Supply: Municipal/City
  • Gas Company: Ameren
  • Water Company: Carbondale
  • Electric: 3 Phase, Other

Association/Amenities

  • Additional Amenities: Emergency Lights, Smoke Detector
  • Amenities: Other Amenities, Wireless Internet

Lot Info

  • Estimated Number of Acres: 1.11
  • Zoning: Commercial
  • Estimated Land Size: 230x298x224x332
  • Geo Subdivision: IL
  • Irregular Lot: Yes
  • Property Use: Other Property Use, Street Retail, Vehicle Related

Rental Info

  • Sale Lease Includes: Sale/Lease Other

Tax Info

  • Annual Taxes: 41547
  • Parcel Id Number Tax Id: 1522201003
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2017
Closed on
May 23, 2018
Sold by
Bl Lone Carbondale Llc
Bought by
Mendez Sergio
Seller's Agent
Rolf Schilling
RE/MAX Realty Professionals
Buyer's Agent
Linda Ruehmkorff
COLDWELL BANKER J. DAVID THOMPSON
List Price
$995,000
Sold Price
$450,000
Premium/Discount to List
-$545,000
-54.77%
Current Estimated Value
$259,008

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$190,992
Original Mortgage
$430,000
Outstanding Balance
$371,094
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 20, 2016
Sold by
Sovereign Ls Iii Llc
Bought by
Bl Lone Carbondale Llc

Purchase Details

Closed on
Dec 28, 2007
Sold by
Lone Star Steakhouse & Saloon Of Springf
Bought by
Sovereign Ls Iii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,319,040
Interest Rate
5.95%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mendez Sergio $170,000 --
Bl Lone Carbondale Llc $1,975,000 Grs Title Services Llc
Sovereign Ls Iii Llc $2,795,250 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mendez Sergio $430,000
Previous Owner Sovereign Ls Iii Llc $15,319,040
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2018 05/30/18 Sold $450,000 -54.8% --
04/19/2018 04/19/18 Pending -- -- --
12/04/2017 12/04/17 For Sale $995,000 -- --
Source: RMLS Alliance

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $20,083 $176,800 $117,866 $58,934
2023 $18,868 $160,142 $106,761 $53,381
2022 $18,237 $147,842 $98,561 $49,281
2021 $17,972 $140,654 $93,769 $46,885
2020 $17,411 $143,144 $95,429 $47,715
2019 $16,709 $143,730 $95,820 $47,910
2018 $16,225 $149,985 $99,990 $49,995
2017 $41,608 $389,332 $291,637 $97,695
2016 $40,633 $389,332 $291,637 $97,695
2015 -- $214,212 $116,517 $97,695
2014 -- $214,212 $116,517 $97,695
2012 -- $218,584 $118,895 $99,689
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAEB417478

RMLS Alliance

APN: 15-22-201-003